Investors don't share Citi's values

Once again, Citigroup is showing why investors have lingering doubts over the value banks place on their assets

Once again, Citigroup is showing why investors have lingering doubts over the value banks place on their assets.

Citi is looking to shed about $171bn in crisis-era assets it still holds, equal to about 9% of its balance sheet. Of these, about $95bn are North American mortgages. The problem: Citi and markets have very different views of what these mortgages are worth.

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The Worst Performer in Billionaires’ Portfolios? Trophy Art.External link

The Worst Performer in Billionaires’ Portfolios? Trophy Art.